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Nov 15, 2012
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question that the stock market would actually do that and really concentrate the mind of these dopes in washington. >> wasn't it bob ruben who said during the clinton years -- or james carville -- the same thing. look what happened, clinton cut the rate and you had a huge rally in stocks and bonds. the stork market may do the same thing here. >> if you want to root for a bullish stock market, maybe in the short term, let's get a deal going and then do tax reform and entitlement reform. meantime, i think stocks are warping these guys you're going to put us on the precipice of a recession, and that's bad for earnings and stocks. >> the fed has done the same thing. they've come out in recent weeks and said instead of just buying $45 billion of bonds every month, we may have to double that and extend it out further. >> richard fisher of the dallas fed told me last night they don't do that. actually, that's not fair. he said in his opinion they shouldn't do that. we don't know, you might right. mike of "forbes," thank you very much. >>> this is truly the video of the day. the israelis get their man. th
question that the stock market would actually do that and really concentrate the mind of these dopes in washington. >> wasn't it bob ruben who said during the clinton years -- or james carville -- the same thing. look what happened, clinton cut the rate and you had a huge rally in stocks and bonds. the stork market may do the same thing here. >> if you want to root for a bullish stock market, maybe in the short term, let's get a deal going and then do tax reform and entitlement...
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Nov 20, 2012
11/12
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they are comparing hamas to george washington. they were calling israel terrorists. this does not look like a government that is ready. >> that is the whole bloody problem. you just nailed it. thanks for helping us out. >> good to be with you. >> big business versus big labor. a black friday worker walkout, the nation's largest retailer is fighting back. but can customers expect business as usual at walmart on friday? i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every d
they are comparing hamas to george washington. they were calling israel terrorists. this does not look like a government that is ready. >> that is the whole bloody problem. you just nailed it. thanks for helping us out. >> good to be with you. >> big business versus big labor. a black friday worker walkout, the nation's largest retailer is fighting back. but can customers expect business as usual at walmart on friday? i don't spend money on gasoline. i am probably going to the...
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Nov 29, 2012
11/12
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in fact, if you listen to, it again, i'm not a master of the political art here, i'm in washington but i would say if you had these points of views in a business context, as close as they are, i would say a deal would be in reach. >> you see some fundamental level of optimism from lloyd blankfine but a long way to go with the combination of prief pressure and public pressure, like the president is going to exert before we actually go to the flight of fired. i asked the treasury secretary should the president return to wall street. he it must be someone who understands markets, marry. >> me have 33 days to -- head of all pi he told john harwood. marge i will hates have to go up somewhat. he said that's going to put a drag on the economy but we have to do something about the deficit. i don't really understand reasonings. i think he needs to go back to economic then i would argue the deficit gets worse because the revenues don't come in because the unemployment rate goes up. >> you're absolutely right. france instituted a 75% marginal tax great early last night grease going we've got to m
in fact, if you listen to, it again, i'm not a master of the political art here, i'm in washington but i would say if you had these points of views in a business context, as close as they are, i would say a deal would be in reach. >> you see some fundamental level of optimism from lloyd blankfine but a long way to go with the combination of prief pressure and public pressure, like the president is going to exert before we actually go to the flight of fired. i asked the treasury secretary...
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Nov 28, 2012
11/12
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maybe the market has to fall a lot to get washington to do the right thing. maybe they have to take over. >> it could be larry that we need this bungee cord and it is so painful that they get together a deal. it is that type of thing, we saw it happen in august of 2011. and the market fell, i think 13% in a few days and washington got it's head together on that. i think it was last year, it wasn't until the 23rd of december and i think it was the 17th of the year before. >> i agree. bad bad bad in the short run. may be badder in the long run. jeff thank you. that is it for this evening's show. thank you for watching. we'll keep working on it. we'll be back tomorrow night. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they
maybe the market has to fall a lot to get washington to do the right thing. maybe they have to take over. >> it could be larry that we need this bungee cord and it is so painful that they get together a deal. it is that type of thing, we saw it happen in august of 2011. and the market fell, i think 13% in a few days and washington got it's head together on that. i think it was last year, it wasn't until the 23rd of december and i think it was the 17th of the year before. >> i agree....
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Nov 14, 2012
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they were unique in washington and we can't carry the ball. >> in a nutshell, how does the economy look to you? our job growth is running above 3%. we have other sections of the country not running so well. it is just a number and the second half of this year? but that is not enough to create the jobs that will put the american people back to work. that will not happen until the politicians get their act together. >> i must say, sir, i couldn't agree more. i think you are debt right. >> thank you. >> the idea solving the fiscal cliff crisis with tax deductions may raise revenue from the wealthy. the full story on that coming up next. well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i
they were unique in washington and we can't carry the ball. >> in a nutshell, how does the economy look to you? our job growth is running above 3%. we have other sections of the country not running so well. it is just a number and the second half of this year? but that is not enough to create the jobs that will put the american people back to work. that will not happen until the politicians get their act together. >> i must say, sir, i couldn't agree more. i think you are debt...
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Nov 16, 2012
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and he said the same to his republican representatives in washington. he said that he'll back each of us, regardless of party, as long as we work together to make life better for all of us. and he made it clear that if we don't make enough progress, he'll be back in touch. >> so here now from nashville is steve wise. he's the author of that letter and he's the president and ceo of identified, inc. steve, welcome. congratulations. i want to ask you briefly. in the first term, president obama on the stimulus package and on obama care, there was no compromise. there was no reaching across the aisle. do you believe, sir, that in the second term president obama will change and will find common ground with republicans? >> well, larry, i'm an optimist. i believe that you need to give people a chance, you need to tell them you support them and then you need to hold them accountable. that's why i felt that i needed to send that message off to the president and to my representatives, really telling them that time is now. we can't wait any longer. we've got to do
and he said the same to his republican representatives in washington. he said that he'll back each of us, regardless of party, as long as we work together to make life better for all of us. and he made it clear that if we don't make enough progress, he'll be back in touch. >> so here now from nashville is steve wise. he's the author of that letter and he's the president and ceo of identified, inc. steve, welcome. congratulations. i want to ask you briefly. in the first term, president...
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Nov 27, 2012
11/12
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many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts? that's really my question. spending cuts and limited government and private sector free enterprise and growth. here now is cnbc contributor and democratic vat gist keith boykin, a former clinton white house aide and best selling author and talk show host larry elder, out with a new took, "dear father, dear son." larry already the show talking about the book. there may be a deal on taxes, i have no idea, but i don't hear any reductions in spending. wasn't $1.2 trillion sequester, larry. that seems to be gone, the across-the-board cuts. i want to ask you do you think it's possible that this whole exercise could wind up enlarging government, increasing the entitlement state and not doing what many of us want it to do? >> let me think about that. i've thought about that. unfortunately, larry, you are right. one of the republican favorite exercise according to my friend tom sowell is running for the him
many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts? that's really my question. spending cuts and limited government and private sector free enterprise and growth. here now is cnbc contributor and democratic vat gist keith boykin, a former clinton white house aide and best selling author and talk show host larry elder, out with a new took, "dear father, dear son." larry already the show talking...
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Nov 1, 2012
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minutes ago we learned amtrak is resuming service from newark to washington and area airports are almost back to normal. and between news for the 26 mile new york city marathon will proceed as planned this sunday. >> so welcome back, everybody. the pictures and stories left from the storm's after math are still jaw-dropjaw-dropping. let's begin with scott cohn in lower manhattan. >> larry, hurricane sandy sent about 4 feet of water in the financial district and they think it actually may be a total loss, about $300,000 worth of damage. and they don't know if insurance is going to cover it. you multiply that by thousands of businesses and you begin to get a sense of what the problem is. and then there's the issue of getting around and getting gas. mary thooyor thompson has that . >> people with been waiting in line two to three hours. there's a shortage of power to open other gasoline stations. a lack of electricity plaguing the tri-state area. >> dangerous conditions at the gas terminal which is crucial. workers here trying hard to clean things up, but tough to do so without power. over
minutes ago we learned amtrak is resuming service from newark to washington and area airports are almost back to normal. and between news for the 26 mile new york city marathon will proceed as planned this sunday. >> so welcome back, everybody. the pictures and stories left from the storm's after math are still jaw-dropjaw-dropping. let's begin with scott cohn in lower manhattan. >> larry, hurricane sandy sent about 4 feet of water in the financial district and they think it...
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Nov 9, 2012
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seeing a shift in tone in washington since the election. much more conciliatory tone on all sides here. i expect you'll see that on display tomorrow. the question is whether the fundamental stumbling blocks of democrats not wanting entitlement spending cuts and republicans not wants new tax revenues, whether those stumbling blocks can be finessed between now and the end of the year. >> many, many thanks. eamon javers, appreciate it. let's get first reaction from congress on the breaking news. welcome back to the show house gop chief deputy whip peter roskam from the great state of illinois. peter, great to see you as always. a lot of movement now. i want to ask you, do you think it's possible here, post-election, as the stock market literally hammers washington with the selloff? will democrats and republicans rise above partisan politics and get us something that can work? >> i think that there's a tremendous opportunity, larry, and here's why. speaker boehner, yesterday, gave a statement, a 10 or 12-minute statement and offed his sincere c
seeing a shift in tone in washington since the election. much more conciliatory tone on all sides here. i expect you'll see that on display tomorrow. the question is whether the fundamental stumbling blocks of democrats not wanting entitlement spending cuts and republicans not wants new tax revenues, whether those stumbling blocks can be finessed between now and the end of the year. >> many, many thanks. eamon javers, appreciate it. let's get first reaction from congress on the breaking...
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Nov 21, 2012
11/12
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anyway, back to washingtoning. the senate is going to vote on a bill that could let the feds read your e-mails without even a warrant. the bill's own sponsor probably never read his own bill in the first place and now, this goofy guy has withdrawn his support. free market capitalism is the best path to prosperity. but let's lower those rates too. how about a ko dudlowian flat t? i'll be right back. lives in the, it's about who lives in the yellow house, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, and the home office as well. because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> incredible intrusion into your personal freedom. vermont senator the leading democrat sponsoring this bill denies supporting his own bill. what happened? did he miss the part about rights? we have ckathrine mangaward thi is really something. don't need a search warrant to go into your e-mails. in fact you don't eve
anyway, back to washingtoning. the senate is going to vote on a bill that could let the feds read your e-mails without even a warrant. the bill's own sponsor probably never read his own bill in the first place and now, this goofy guy has withdrawn his support. free market capitalism is the best path to prosperity. but let's lower those rates too. how about a ko dudlowian flat t? i'll be right back. lives in the, it's about who lives in the yellow house, the green, and the apartment house, too....
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Nov 13, 2012
11/12
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if washington avoids the fiscal cliff, if, it sure looks like this could be a big-time buy opportunity. think about it. we are about to ask the money manager if he is thinking the same thing. later, president obama's going to make a public campaign to build support for his fiscal plan but what are those plans exactly? what is this public campaign? what's going on inside of his head. and don't forget, folks, i know sometimes it is discouraging. free market capital its silver medal the best path to prosperity ask i believe that it will prevail. just ask those oil drillers in north dakota. they have it right. "the kudlow report" is coming right back. >> going off the skifiscal christmas eve would be a disaster. >> time to rise above partisan politics. the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need i
if washington avoids the fiscal cliff, if, it sure looks like this could be a big-time buy opportunity. think about it. we are about to ask the money manager if he is thinking the same thing. later, president obama's going to make a public campaign to build support for his fiscal plan but what are those plans exactly? what is this public campaign? what's going on inside of his head. and don't forget, folks, i know sometimes it is discouraging. free market capital its silver medal the best path...
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Nov 17, 2012
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jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry about, jimmy. here's what i fear. the republicans are conceding that they'll give a revenue -- a tax revenue portion by limiting deductions. but i don't see any spending cuts. the sequester has been called off. mr. boehner would like a down payment on entitlements. i don't see that happening. to me remember it used to be 3-1 or 4-1 spending cuts to revenue increases. right now it looks to me like it's 10-1. 10-0. $10 of revenue hikes and no spending cuts, jimmy pethokoukis. >> i think what we're going to get at the end of the day, you're going to get a lot of tax increases, and then you're going to get a lot of promises about caps and mechanisms. be careful of the word "process." there's going to be a process in place for looking at further spending cuts. or entitlement reform. but that's all going to be like tomorrow, the day after tomorrow, the 12th of never. what we're going to get right away are tax incre
jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry about, jimmy. here's what i fear. the republicans are conceding that they'll give a revenue -- a tax revenue portion by limiting deductions. but i don't see any spending cuts. the sequester has been called off. mr. boehner would like a down payment on entitlements. i don't see that happening. to me remember it used to be 3-1 or 4-1...
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Nov 6, 2012
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chief washington correspondent john harwin knows. >> everything we know suggests it's going to be chose. let me give you context for prediction of a romney victory. take the latest nbc/"wall street journal" poll. obama 48%, romney photography%, can't get any closer than that, well wind the margin of error. then go to the battleground states. we've got three late battle ground state polls. first of all in the state of virginia which as you mentioned, polls close early, 13 electoral votes, 48/47, president obama on top. state of florida, two-point lead for president obama. the state of ohio, most people have seen as the hinge point of this election, president obama's up 51/45. let's look at where the battleground states stand. if you average polls taken on the real clear politics website, of the nine battle ground states romney is only leading in the average of those polls in the two of them, north carolina and florida. the other states, president obama's got a lead. i'm talking about iowa, colorado, new hampshire, ohio, nevada, all states where president obama's doing very well. at least
chief washington correspondent john harwin knows. >> everything we know suggests it's going to be chose. let me give you context for prediction of a romney victory. take the latest nbc/"wall street journal" poll. obama 48%, romney photography%, can't get any closer than that, well wind the margin of error. then go to the battleground states. we've got three late battle ground state polls. first of all in the state of virginia which as you mentioned, polls close early, 13...
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Nov 30, 2012
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here is kevin chavez and former washington, d.c. councilman. welcome, kevin. >> it's good to be on. >> i am such a strong advocate the free markets. i do not understand why we don't allow much more school choice and, yes, vouchers to pay for it. >> well, i understand that. i'm a strong advocate for children. the fact is, larry, as we know, many traditional public schools just don't work for the kids. we're at a point where we need to fly the plane while we fix it. there's nothing wrong while we go through this long-term exercise, absolutely nothing wrong with letting innovation and create activity flewish. with some of the scholarships that are going yield, they're being turned on to something they never imagined. i was with a 14-year-old boy yesterday who said he couldn't sleep at night to the thought he may have to go back to his bad school. that just isn't right. >> that is not right. i hope the facts are right. 953 of the 1373 schools in louisiana, 953 -- that's well over half of these schools, get rated c, d or e. that's incredibly bad. ho
here is kevin chavez and former washington, d.c. councilman. welcome, kevin. >> it's good to be on. >> i am such a strong advocate the free markets. i do not understand why we don't allow much more school choice and, yes, vouchers to pay for it. >> well, i understand that. i'm a strong advocate for children. the fact is, larry, as we know, many traditional public schools just don't work for the kids. we're at a point where we need to fly the plane while we fix it. there's...
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Nov 10, 2012
11/12
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point them at washington. good evening, everyone, this is "the kudlow report." >> the president urged both sides of the aisle to get america's fiscal house before we fall off the cliff 52 days from now. what if they're arguing about the difference between tax loopholes and marginal tax rates. that's the debate. >> you mark my words. there's no way that the entire tax hike would be allowed to take place. no way. in terms of investment strategy, it is ridiculous that we'll be facing this. why all of the bickering when it equates to just one quarter of 1% of gdp. all right, supply side art mentor will join us to discuss. >>> also tonight, a shocker, david petraeus quits in disgrace or was he forced out just days before he was to testify in front of congress over the benghazi embassy terror attack. will we ever get the real answers? was the threat of blackmail behind this? >> we begin this evening with the president pushing congress to come together right now and solve the fiscal cliff mess. let's give peace a cha
point them at washington. good evening, everyone, this is "the kudlow report." >> the president urged both sides of the aisle to get america's fiscal house before we fall off the cliff 52 days from now. what if they're arguing about the difference between tax loopholes and marginal tax rates. that's the debate. >> you mark my words. there's no way that the entire tax hike would be allowed to take place. no way. in terms of investment strategy, it is ridiculous that we'll...
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Nov 22, 2012
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this is a serious question that i'm hearing from washington all the time. so let's talk. we have cnbc contributor jack bernstein, former chief economist, and art laffer, former reagan adviser. i'm not attacking obama or anything. i'm just saying there is a lot of talk of stalemate. well perhaps go through where, why and how. staffs have been meeting unsuccessfully. some people are saying, art, that the scenario is going to be that president finally throws up his hands and says there is no deal, we're going to have a stalemate and we will tall off the fiscal cliff into recession and then he will blame the republicans. what's your take? >> i think he's going to blame the republicans, larry, for sure. and i think in the republican's interest to delay it as long as possible and make the republicans look as uncooperative as possible. but we will fall off the cliff anyway, larry. and i think we will have a very bad year in 2013, even if they do extend all of the tax cuts. i think we have a real bad scenario coming forward. >> jared bernstein, what do you think that the presiden
this is a serious question that i'm hearing from washington all the time. so let's talk. we have cnbc contributor jack bernstein, former chief economist, and art laffer, former reagan adviser. i'm not attacking obama or anything. i'm just saying there is a lot of talk of stalemate. well perhaps go through where, why and how. staffs have been meeting unsuccessfully. some people are saying, art, that the scenario is going to be that president finally throws up his hands and says there is no deal,...